Tuesday, March 01, 2011
Less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) said yesterday that it has reached an agreement in principle with key stakeholders for a comprehensive restructuring plan.
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in December 2010 compared to December 2009, increasing to $66.5 billion, according to data released by the United States Department of Transportation’s Bureau of Transportation Statistics (BTS).
Class I railroad carrier Canadian Pacific recently announced that it has signed a collaboration agreement on performance and productivity with the Montreal Port Authority, which it said formalizes CP’s and the port’s ongoing supply chain collaboration.
Diesel prices saw their single largest weekly price hike since a 14.6 cent increase during the week of June 8, 2009, with a 14.3 gain, bringing the price per gallon up to $3.716, according to data from the Department of Energy’s Energy Information Administration (EIA).
The International Air Transport Association announced international scheduled traffic results for January showing a 9.1 percent growth in air freight compared to January 2010
Monday, February 28, 2011
Most recent continuing resolution to keep SAFETEA-LU funding at current levels expires on Friday, March 4.
USPS officials said that this is a formal request to move Commercial First-Class Mail Parcels from the market-dominant product list and add “Lightweight Commercial Parcels” to the competitive product list.
Posted on 02/28 at 08:54 AM
Parcel Shipping •
Friday, February 25, 2011
The American Association of Port Authorities has expressed “deep concerns” over the proposed funding cut for the Department of Homeland Security’s Port Security grant program that was included in the Continuing Resolution (CR) bill that recently passed the House of Representatives
Posted on 02/25 at 01:17 PM
Ocean Freight •
In a sign that the economic recovery is showing some more positive signals, the Department of Commerce reported this week that new orders for manufactured durable goods in January went up $5.3 billion—or 2.7 percent—to $200.5 billion.
The week ending February 19 delivered solid year-over-year gains, according to data released by the Association of American Railroads (AAR).